Atlanta credit union conserved

The NCUA has announced it has placed 1st Choice Credit Union, Atlanta, Georgia, in conservatorship in consultation with the Georgia Department of Banking and Finance. Member services will continue uninterrupted at both of the credit union’s branches in Atlanta. Members can continue to conduct normal financial transactions, deposit and access funds, make loan payments, and use shares. The offices are open Monday through Friday from 8:30 a.m. to 4:00 p.m. Eastern time.

1st Choice Credit Union is a federally insured, state-chartered credit union with 6,709 members and assets of approximately $38.6 million, according to the credit union’s most recent Call Report. It serves employees of Grady Hospital, Morehouse School of Medicine faculty, Emory University School of Medicine faculty, Southside Healthcare, Atlanta Life Insurance Company, South Fulton Community Development Corporation, credit union staff, and family members.